12 CFR 223.55
§ 223.55 What are the standards under which the Board may grant exemptions from the requirements of section 23B?
United States · 12 CFR — Banks and Banking · Status: effective
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- Citation
- 12 CFR 223.55, § 223.55 What are the standards under which the Board may grant exemptions from the requirements of section 23B?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/44632
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Full text
The Board may prescribe regulations to exempt transactions or relationships from the requirements of section 23B and subpart F of this part if it finds such exemptions to be in the public interest and consistent with the purposes of section 23B.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.